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I think that makes a whole lot of sense. The actual post explains it wonderfully: >Most other companies are financially supported by venture capital, in the fo

by Funes- 4y ago

I think that makes a whole lot of sense. The actual post explains it wonderfully: >Most other companies are financially supported by venture capital, in the form of large investments from a small number of people. If you use their services for free, or even if you pay the modest fees for their paid plans, they are not incentivized to serve your needs first. They are beholden to their investors, and at their behest, they may implement changes you don't like: invasive tracking, selling your data, and so on. >SourceHut has not accepted, and will never accept, any outside investments. Our sole source of revenue is from sr.ht users making their account payments. This incentivizes us to only consider your needs, and not to use you as a resource to be exploited. The financial relationship is much more responsible for both parties. A very commendable stance.

jabo 4y ago
Thank you for calling this out! It's great to see more products adopt this stance and this is one of the reasons we chose to not raise funds for Typesense [1]. From an article I wrote recently on this topic [2]: > Selling Stock vs Selling Search One key realization we had is that when we bring on investors, we are essentially bringing on a new group of customers - customers for whom the product is our company stock. The value this group of customers (investors) gets from the product they are buying (stocks) is appreciating stock prices. And the way we can keep this group of customers happy is by regularly raising the next round of funding which is when stock prices appreciate, or having a liquidity event to make a return on investment. We are concerned that “launching” a new “product line” (selling stocks) and bringing on a whole new group of customers (investors), would cause us to lose our precious bandwidth that could have otherwise been spent on our core search product that our primary group of users and customers expect from us. After all, the “company stock” product line would not exist without the core search product. [1] https://typesense.org https://typesense.org [2] https://typesense.org/blog/why-we-are-not-raising-funds/ https://typesense.org/blog/why-we-are-not-raising-funds/
albert180 4y ago
Well Codeberg is also just an German association. Everyone can become a member and the member dues finance the server costs

by Funes- 4y ago

jabo 4y ago

Thank you for calling this out! It's great to see more products adopt this stance and this is one of the reasons we chose to not raise funds for Typesense [1]. From an article I wrote recently on this topic [2]: > Selling Stock vs Selling Search One key realization we had is that when we bring on investors, we are essentially bringing on a new group of customers - customers for whom the product is our company stock. The value this group of customers (investors) gets from the product they are buying (stocks) is appreciating stock prices. And the way we can keep this group of customers happy is by regularly raising the next round of funding which is when stock prices appreciate, or having a liquidity event to make a return on investment. We are concerned that “launching” a new “product line” (selling stocks) and bringing on a whole new group of customers (investors), would cause us to lose our precious bandwidth that could have otherwise been spent on our core search product that our primary group of users and customers expect from us. After all, the “company stock” product line would not exist without the core search product. [1] https://typesense.org https://typesense.org [2] https://typesense.org/blog/why-we-are-not-raising-funds/ https://typesense.org/blog/why-we-are-not-raising-funds/

albert180 4y ago

Well Codeberg is also just an German association. Everyone can become a member and the member dues finance the server costs